Tag: current

What is 'Bad Debt Reserve' An account set aside by a company to account for and offset losses that arise as a...

What is balance reporting and why is it important for businesses Balance reporting is the process of creating a financial report that provides an overview...

DefinitionNormal backwardation, also sometimes called backwardation, is the market condition wherein the price of a commodities' forward or futures contract is trading below the...

What is 'Balance Of Trade - BOT' The balance of trade (BOT) is the difference between a country's imports and its exports...

DefinitionContango is a situation where the futures price of a commodity is higher than the anticipated spot price at maturity of the futures contract....

What is the Balance of Payments (BOP)? The balance of payments (BOP) is an accounting record of all monetary transactions between a country and the...

DefinitionCompound interest is the addition of interest to the principal sum of a loan or deposit, or in other words, interest on interest. It...

What is the Canadian Association of Petroleum Producers (CAPP)? The Canadian Association of Petroleum Producers (CAPP) is a national, industry-funded organization that represents Canada's upstream...

What is 'Past Due Balance Method' A system for calculating interest charges based on any outstanding loan or credit charges that remain...

DefinitionParticipatory Notes commonly known as P-Notes or PNs are instruments issued by registered foreign institutional investors to overseas investors, who wish to invest in...